You are here

Belgian start-ups have best chances of success in Europe

Two out of three start-ups and independents in Belgium, and Flanders as a region, are still active after 5 years. No other European country does better. “It’s an important milestone,” says Johan Mortier, director of research at employer organization Unizo. “Once entrepreneurs reach this point, their future looks very bright.”

Thorough preparation

Recent data from Eurostat, the EU’s statistical bureau, shows that out of all the countries in Europe, start-ups have the best ‘survival rates’ in Belgium, and Flanders as a region. No less than 62 percent of the 36,200 independents and start-ups that launched a business in 2009 have now been active for more than 5 years. “Entrepreneurs in Belgium tend to be more careful before starting up a company,” explains Sven De Cleyn, director of incubator iStart of research institute imec.

Encouraging entrepreneurs and investors

Belgium used to have fewer start-ups than other European countries, but times are changing, according to De Cleyn: “In recent years, we’ve certainly caught up on our neighboring countries. We offer more coaching and support, and we’ve introduced stimulating measures, such as the tax shelter for investments in start-ups.”

About Belgium and Flanders

With Dutch as its official language, Flanders (Dutch: Vlaanderen) is the northern region of Belgium. The capital of both Belgium and Flanders is Brussels.

More info

Tax Shelter for start-ups
Reported by
‘De Tijd’ newspaper
23 May 2017

More news about Flanders?

  • Regular updates
  • No spam

Interested in doing business in Flanders?

Let us help you!

  • We can introduce you to other companies, banks and regulators
  • We organize site visits to real estate locations
  • We assist with all legal aspects of setting up a business
  • We're an official government agency
  • Our services are completely free
  • We are a team of international experts

Receive our handbook to growing your business in Flanders

  • It's completely free.
  • Get an overview of all incentives relevant to your company.
  • Tax system explained in-depth.
  • Learn how to set up your business quickly.
  • Discover the benefits of Flanders (in addition to the chocolate).

In addition to the ebook, I agree to receive one or two follow-up emails